Work Here?
About David Energy
Industries
Data & Analytics
Energy
Company Size
51-200
Company Stage
Seed
Total Funding
$47.8M
Headquarters
New York City, New York
Founded
2018
Overview
Company Does Not Provide H1B Sponsorship
David Energy focuses on energy management by providing a software platform that optimizes Distributed Energy Resources (DERs) like solar panels, battery storage, and smart thermostats. The platform helps commercial building owners and DER developers manage their energy consumption more effectively while ensuring compliance with local sustainability regulations. David Energy's services include supply contracts, participation in demand response programs, and demand-side management, all tailored to the specific energy needs and carbon-free objectives of its clients. The platform offers a user-friendly interface that delivers real-time data and actionable insights, simplifying the energy procurement process. Unlike many competitors, David Energy allows clients to save money without requiring any upfront payments, leveraging its expertise in DER technology and electricity markets to achieve cost savings.
Simplify's Take
What believers are saying
- David Energy raised $23 million to enhance its clean energy grid capabilities.
- Partnership with Sunnova enables deployment of virtual power plants in Texas.
- Growing demand for real-time energy data analytics enhances platform value.
What critics are saying
- Increased competition from companies like Enel X and Schneider Electric.
- Potential regulatory challenges in Texas affecting virtual power plant partnerships.
- Rising cybersecurity threats targeting energy management platforms.
What makes David Energy unique
- David Energy optimizes DERs like solar panels and smart thermostats for commercial clients.
- The company offers real-time data and insights for efficient energy management.
- David Energy's platform supports regulatory compliance and carbon-free goals without upfront payments.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$47.8M
Above
Industry Average
Funded Over
4 Rounds
BoxGroupBenefits
Health Insurance
Dental Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
Company Equity
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -1%/PRNewswire/ -- David Energy, a trailblazing gridtech company, announced today that it has secured $23 million in funding to transform the retail energy market...
David Energy, a NYC-based gridtech company, raised $23M in funding.
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.
Enode is partnering with David Energy - a software-powered electricity supplier that's committed to providing clean, affordable energy.
Sunnova Energy International announced a partnership with David Energy, a Brooklyn, N.Y.-based retail energy provider, to deploy a virtual power plant (VPP) service called Adaptive Retail in Texas.
David Energy is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today
About David Energy
Industries
Data & Analytics
Energy
Company Size
51-200
Company Stage
Seed
Total Funding
$47.8M
Headquarters
New York City, New York
Founded
2018
David Energy is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today